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this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. taxation. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to his policies -- in spite of his policies. all of the increase in natural gas and oil has happened on privat
this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the...
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vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? . >>> they're back. the pesky stink bugs. the government said that they have returned in a big quay. many more than last year. you don't have to tell that to the people near linden, virginia. that is where beth parker has paid a visit today. >> stink bug heaven. >> reporter: you can s.w.a.t. them or sweep them. you can't get away. >> there's millions of them. it's the worst thing i have seen in my life. >> reporter: not what he had in mind when he retired and moved to the country. hosted to be closer to nature and nature's too close. >> it's like bug stew. >> can you take some home for dinner if you want. [ laughter ] >> reporter: no, thanks. >> seriously, he would love to get rid of them. their real name is the brown marmarated stink bug and he calls them? >> yucky. terage. >> reporter: he live -- teage. >>
vo: why won't romney level with us about his tax plan, which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? . >>> they're back. the pesky stink bugs. the government said that they have returned in a big quay. many more than last year. you don't have to tell that to the people near linden, virginia. that is where beth...
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at tonight's debate, a blizzard of percents. >> 93% of the businesses are not taxed at the 35% tax rate. >> reporter: all these perce percents -- >> it's mast. >> reporter: intended to make politics seem like facts that can't be argued with. >> like a sports analogy. it's odds, percentage chances. people have those percentages in their mind. they know their take-home pay. things that apply in their own life. >> reporter: but too many percents and you risk sounds like yogi berra, who said baseball is 90% physical, the other half is mental. a recent survey showed 42% of americans don't believe the polls. bottom line, percents don't always make sense. keep in mind, tonight, both candidates looked like they were addressing the 100%. but really, they're vying for a much smaller piece of the pie. really, they're trying to capture the undecided voters in the swing states who happen to be watching. that's not the 99%, not even the 47%. but that tiny fraction will end up deciding who won. >> if you want to focus on a percentage in this election that matters the most, it's 4% of the people that a
at tonight's debate, a blizzard of percents. >> 93% of the businesses are not taxed at the 35% tax rate. >> reporter: all these perce percents -- >> it's mast. >> reporter: intended to make politics seem like facts that can't be argued with. >> like a sports analogy. it's odds, percentage chances. people have those percentages in their mind. they know their take-home pay. things that apply in their own life. >> reporter: but too many percents and you risk...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? . >>> top 10 in e.r.a. and strikeouts today, the nats geo gonzalez was recognized as the best left-handed picture -- pitcher in baseball. next time, he'll take to sunday's game, one of the nlds against the cardinals or braves. yes, the nats have home field advantage after wednesday's win and that is a 2-3 form at, meaning the first two are on the road. yesterday, ryan zimmerman last the home crowd, 25 runs on the season for him and michael morris teed off as well for the team's 98th win and that is a 95-1 final. the orioles -- orioles game didn't go as well and that is because of what he needed to get out of the season and he hit two home runs and three yesterday. the top 4-1, meaning baltimore visits the tex
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? . >>> top 10 in e.r.a. and strikeouts today, the nats geo gonzalez was recognized as the best left-handed picture -- pitcher in baseball. next time, he'll...
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there are going to be tax cuts because mitt romney proposes to cut 20% off everybody's taxes across the board. >> not 5 trillion. >> but it adds up to 4.9 the ten years that the number the president was citing. that assumes no revenue coming from anywhere else. mitt romney says that is not the right assumption. if i cut taxes across the board and more money into piedmont acre pockets and spend more and have a lower tax rate and have more jobs and more own. >> stimulate the economy. >> and more money will come in. >> that is where the disagreement was. >> mitt romney does have some plans for cutting loopholes and some of these -- >> right. . he says we cut taxes and close loopholes and it becomes revenue neutral and president cited another studying saying you have to raise taxes on the middle class. that is why this becomes so hard to fact check one of these because they are both sort of saying things that are kind of true. >> let's switch to jobs. this doesn't have to do with the debate necessarily last night but it's critical. we have the big monthly jobs report tomorrow and we have so
there are going to be tax cuts because mitt romney proposes to cut 20% off everybody's taxes across the board. >> not 5 trillion. >> but it adds up to 4.9 the ten years that the number the president was citing. that assumes no revenue coming from anywhere else. mitt romney says that is not the right assumption. if i cut taxes across the board and more money into piedmont acre pockets and spend more and have a lower tax rate and have more jobs and more own. >> stimulate the...
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he talks about all these tax deductions he's going to put forth. how is he going to close the loopholes to make this work? i'm a financial journalist, i want to know. i think american voters deserve to know. chris: the moderate already probably want to know. he's got to ask that question. >> two things. one is that i think it's really strange that they have telegraphed this punch so far in advance on the truth, on obama's veracity. i wouldn't be surprised if they don't do that because they've telegraphed it so far in advance. the thing "boston globe"s a -- obama has to watch, he really has grown to disrespect and dislike mitt romney and there's so many cheap shots that he could take that will not actually work to his advantage. he has to be -- restrain himself from taking the obvious jabs that might actually generate some sympathy for romney. chris: the debate also will challenge president obama to convince voters things could have been worse without blaming george b. bush as did he last time. >> one of the things i think we have to recognize is pu
he talks about all these tax deductions he's going to put forth. how is he going to close the loopholes to make this work? i'm a financial journalist, i want to know. i think american voters deserve to know. chris: the moderate already probably want to know. he's got to ask that question. >> two things. one is that i think it's really strange that they have telegraphed this punch so far in advance on the truth, on obama's veracity. i wouldn't be surprised if they don't do that because...
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$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> new york police are trying to track down a man robbing people at needle point. they say he carries a hypodermic needle. not clear what is in the syringe. he steals phones, and even held up a 14-year-old for his phone. all of the victims are teenage boys. the needle robber has hit 9 times. >>> four men are charged with a deadly shooting at a foreign wars post in florida. two people were killed and another critically hurt. the shooting happened after a fight yesterday in a parking lot where a motorcycle club was gathering for a charity ride. no word on what sparked the fight. >> a man who survived the shooting at the colorado movie theater is demanding a plan from the president and mitt romney on how to deal with gun violence. >> in the next four years 48,000 americans won't be so lucky, because they'll be murdered with gu
$2,000, while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. >> new york police are trying to track down a man robbing people at needle point. they say he carries a hypodermic needle. not clear what is in the syringe. he steals phones, and even held up a 14-year-old for his phone. all of the victims are teenage boys. the...
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$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the conontent of this advertisin >> a new study is drawing a connection between childbirth impressed cancer. >> this unusual link. >> she works in finance, a young wife and mother to four-year- old. one day at work, she received a phone call that changed her life. >> i am sorry to tell you, you have breast cancer. >> 32 years old, and she was healthy and now diagnosed with breast cancer. her first thought was not been around for hircine. >> i want to see the first day of kindergarten. >> she had a bilateral the ceo -- a bilateral mastectomy and chemotherapy. >> i did not go ride a bike with them. i cannot do those things. >> breast cancer is an uncommon in women so young. a woman's risk of breast cancer goes up in the five years or so after she has a child. one-third of the 25,000 cases diagnosed in women under 45 or incidents of postpartum breast cancer.
$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the conontent of this advertisin >> a new study is drawing a connection between childbirth impressed cancer. >> this unusual link. >> she works in finance, a young wife and mother to four-year- old. one day at work, she received a phone call that changed her life. >> i am sorry...
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>>> you like taxes? i've got taxes for you. christine romans is here to talk about the very serious issue of the fiscal cliff and what it means for your bottom line. literally your bottom line. plug for your show. >> the bottom line is you're going to pay more in taxes next year either because you'll go off the fiscal cliff or because payroll tax is going to expire. taxes are likely rising next year. >> real numbers for people who make certain amounts of money. >> this is the fiscal cliff only. if you make $20,000 to $40,000, your taxes will go up, $1,231. move out with me, $40,000 to $64,000 a year, a $2,000 tax bill right there. $2,000. $64,000 to $108,000, 3,500 more in taxes you're going to pay. take a look at $108,000 and up, another $14,000 in taxes. you can see the more money you take, the more you're going to pay in taxes if the u.s. goes over the fiscal cliff. what's a fiscal cliff? it's a huge tax increase, huge tax increases and huge spending cuts that hit at beginning of january. the bush tax cuts would go away, the
>>> you like taxes? i've got taxes for you. christine romans is here to talk about the very serious issue of the fiscal cliff and what it means for your bottom line. literally your bottom line. plug for your show. >> the bottom line is you're going to pay more in taxes next year either because you'll go off the fiscal cliff or because payroll tax is going to expire. taxes are likely rising next year. >> real numbers for people who make certain amounts of money. >>...
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>> you don't have to do a, quote, "tax in connection -- "tax increase". you're not doing a tax increase. getting $6 billion out of ethanol, and grover calls that a tax increase. neil: you think the time came to face the american people, tell them this sort of thing that we're up against romney exploited so cautiously. some think it's too late for that. do you buy that? >> no, i don't. everything can change in 30 days. you've watchedded this stuff. you know how it is. they say republicans carry the senate, and three days later, they lost it. the real rate of growth will be 3.1 this year, but it's 1.5. i never have seen a statistic right. in the volatility, they are waiting for someone to make a gaffe, and the gaffes are important, by people are listening. neil: let me ask you, senator, there is this end of the year train wreck you talk about. you warned about it always. the sequestering cuts that kick in, bush rates expire,atm issues, medicare issues, payroll tax issues, all at the same time. matter who is elected, they table this for six months whether it
>> you don't have to do a, quote, "tax in connection -- "tax increase". you're not doing a tax increase. getting $6 billion out of ethanol, and grover calls that a tax increase. neil: you think the time came to face the american people, tell them this sort of thing that we're up against romney exploited so cautiously. some think it's too late for that. do you buy that? >> no, i don't. everything can change in 30 days. you've watchedded this stuff. you know how it is....
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vo: why won't romney level with us about his tax plan whwhich gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> attorney for -- attorneys for jerry sandusky met with the judge today. two hearings are planned for tomorrow. the first is to determine if he is of violent sexual predator and the second is to determine his sentencing. he faces life in prison. we will be live with his sentencing on abc7 news at 5:00. the man long suspected in the death of natalie holloway, a dutch newspaper reports that he has impregnated a woman despite being in prison in peru. he told the newspaper the pregnancy came after an unsupervised visit with the woman. >> 3 people behind bars after chaos broke out in a hotel in downtown philadelphia. we will show you some video. a brawl broke out between two separate wedding parties. and man, apparently the uncle of one of the bride's, had a heart attack a dot -- hard attack and died. >> there w
vo: why won't romney level with us about his tax plan whwhich gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> attorney for -- attorneys for jerry sandusky met with the judge today. two hearings are planned for tomorrow. the first is to determine if he is of violent sexual predator and the second is to determine his...
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this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the states and to the workers so they can create pathways into training they need for jobs that will help them. taxation. we should bring the tax rates down. for corporations and individuals. for us not to lose revenue, i lowered deductions and credits and intentions so we keep taking in the same money when you account for growth. energy is critical. the president pointed out that production of oil and gas in the u.s. is up but not due to his policies -- in spite of his policies. all of the increase in natural gas and oil has happened on privat
this is a tax in itself -- the economy tax. gasoline prices have doubled under the president, electric rates are up, food prices are up, health-care costs have gone up by $2,500 per family. the question is how to get them going again. it is energy and trade. the right kind of training programs. the president mentioned those ideas. education. it is key. it is the future of our economy. we have 47 training programs. they are reporting to eight agencies. we have to get those dollars back to the...
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$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. president obama: during the last weeks of this campaign... there will be debates, speeches, and more ads. but if i could sit down with you, in your living room or... around the kitchen table, here's what i'd say. when i took office, we were losing nearly eight hundred... thousand jobs a month, and were mired in iraq. today, i believe that as a nation we are... moving forward again. but we have much more to do to get folks back to work and... make the middle class secure again. now, governor romney believes that with even bigger... tax cuts for the wealthy, and fewer regulations... on wall street, all of us will prosper. in other words, he'd double down on the same trickle-down... policies that led to the crisis in the first place. so what's my plan? first, we create a million new manufacturing jobs... and help businesses do
$2,000 while giving a tax break of $250,000 to multimillionaires. doesn't mitt romney understand we can't rebuild america by tearing down the middle class. priorities usa action is responsible for the content of this advertising. president obama: during the last weeks of this campaign... there will be debates, speeches, and more ads. but if i could sit down with you, in your living room or... around the kitchen table, here's what i'd say. when i took office, we were losing nearly eight...
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mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. >> live and in hd, this is abc 7 breaking news. [inaudible] >> breaking news is coming in washington.st seven residents were rescued by firefighters. people may soon be searching for e to wait -- to live. tom roussey has the first report of there. now live. >> workers are still out here up the scene tonight. a fire department has not the official cause of the fire. you where it started. started on a second-floor apartment. have since put plywood on e window there. was from the third floor tore a number of folks had be rescued. one man fell. in this video shot by a thehbor, you could see the threeoting out of story apartment building. people on the scene say it was chaos. >> we ran inside to get the people out. >> this man and several others make sure everyone was safe. the the rescuers needed to be themselves. >> i could fee
mitt romney and common sense conservatives will cut taxes on the middle class. and they'll close loopholes for millionaires. obama and his liberal allies? we can't afford four more years. [ romney] i'm mitt romney and i approve this message. >> live and in hd, this is abc 7 breaking news. [inaudible] >> breaking news is coming in washington.st seven residents were rescued by firefighters. people may soon be searching for e to wait -- to live. tom roussey has the first report of...
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they want people to say to them, here is my specifics as to how it will help you and help tax reform is going to help you. here's how health care reform the mitt romney will help you specifically as a woman. a lot of these economic reformss o have very unique benefits fos n because of the role that they play in the economy. gerri: women, men, and family and all of the above. appreciate your time, kimberly. come back again soon. well, a victory in pennsylvania for democrats. a judge has blocd the state new election day. democrats said the requirement was an attempt to defeat president obama and republicans claimed it was to prevent voter fraud. meanwhile,n all-important state of ohio, early voting kicked off today. people able to vote by mail or in person without having to give a reason. if you are fired up about this or any other issues, drop me an e-mail at gerri@foxbussiness.com. >> coming up on "the willis report", the economy at a crossroads with the fiscal cliff looming. but it delayed a housing crisis as well? our panelists duke it out next. and high frequency trading. we have
they want people to say to them, here is my specifics as to how it will help you and help tax reform is going to help you. here's how health care reform the mitt romney will help you specifically as a woman. a lot of these economic reformss o have very unique benefits fos n because of the role that they play in the economy. gerri: women, men, and family and all of the above. appreciate your time, kimberly. come back again soon. well, a victory in pennsylvania for democrats. a judge has blocd...
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i don't have a tax cut that's $4.8 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. and i think we need more of them. look, don't believe me. speaker gingrich was pretty eloquent running during the primaries and saying, mitt romney will say absolutely anything to get elected. and if somebody says absolutely anything to get elected you have to wonder what they'll say when they are president of the united states. >> so, speaker, you did say he was fundamentally dishonest after debating him in the primaries. this is not a new attack against romney policy. >> no. and i think that the challenge for the obama people is pretty simple. the president of the united states had 90 minutes. now, if he had done his homework and actually prepared, if he had actually studied romney, why didn't he say it? why didn't he take romney head on? first of all, the charges on the tax cuts are plain wrong, and i think virtually every analyst has said and even your deputy campaign manager said the charges made are wrong. but forgetting tha
i don't have a tax cut that's $4.8 trillion. i'm not going to cut taxes on the rich. i don't have a medicare voucher plan. i love teachers. and i think we need more of them. look, don't believe me. speaker gingrich was pretty eloquent running during the primaries and saying, mitt romney will say absolutely anything to get elected. and if somebody says absolutely anything to get elected you have to wonder what they'll say when they are president of the united states. >> so, speaker, you...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? if mitt romney really "cares," number of students that wea lot of problehave.th the... resources. materials. things that the children need... on a day-to-day basis. anncr: question seven will help. the department of legislative services says question seven... will mean hundreds of millions of dollars... for scols...from gaming revenues that would have... gone to other states. and independent audits will guarantee the money... goes where it's supposed to. krystal conwell: i think people should vote for question... seven because i think it will be a great benefit to children. and those well grounded. for what's around this corner... and the next. there's cash flow options from pnc. solutions to help businesses
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? if mitt romney really "cares," number of students that wea lot of problehave.th the... resources. materials. things that the children need... on a...
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why is it when you're taking advantage of a tax break and you're a businessman you're a businessman. but if you're taking advantage of something you're a moocher. >> cenk: ana. >> it might be entertaining, but it's substantive. when i was watching the debates that's what i do for a living. i have to pay attention to those things. i have a hard time doing it because it's so boring. the candidates have to be so polite. right there you see stewart's passion. you see he's being persuasive. why obama can't be like that? i understand the stress and pressure, it's a huge part of it, but obama has to be as respectful as possible, mitt romney has to be respectful. they can't raise their voices. i can't stand that about our debates. >> obama could have been better than he was. he'll never be jon stewart. he'll never strife to be jon stewart. but that's a great point about mooching and entitlements. that's great but he can't deliver it from standing on an apple cart to be higher and he can't joke. >> you'll always get people who will tear someone down. the small things that happen in debates, w
why is it when you're taking advantage of a tax break and you're a businessman you're a businessman. but if you're taking advantage of something you're a moocher. >> cenk: ana. >> it might be entertaining, but it's substantive. when i was watching the debates that's what i do for a living. i have to pay attention to those things. i have a hard time doing it because it's so boring. the candidates have to be so polite. right there you see stewart's passion. you see he's being...
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be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big, bold idea is never mind. >> but the etch a sketching did not stop there. governor romney who once believed financial regulation was hurting the economy -- >> dodd frank it's called, has not helped enterprise get going, it's slowed it down. >> now seems to be a supporter of wall street regulation. >> want to repeal dodd/frank? >> and replace it. we're not going to get rid of regulation. some parts of dodd/frank that make all of the sense in the world. >> and back in june, romney mocked the president's crazy ideas about needing more
be a 20% tax cut? >> i'm going to lower rates across the board for all americans by 20%. i want a 20% across the board reduction in taxes. the individual marginal tax rate 20% across the board. the top rate, for instance, would go from 35 to 28, middle rates would come down by 20% as well, all rates come down. >> president obama was just as surprised. >> well, for 18 months he's been running on this tax plan. and now, five weeks before the election, he's saying that his big,...
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payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5% in the red, that's right. neil: if you hear mitt romney saying i'm going to essentially get off your back, going to roll back regulations. he was not specific which, make sure the government cools it on taxes, didn't say to the degree of what allowances and writeoffs and deductions he limits, were you either troubled by the fact it might be a wash? that you, for example, in your case for your catering business, you might see, butch, no tax savings at all, but you might have a lower rate, but can't deduct as much. >> that will kill us. without disposable income for me to spend or gr
payroll tax, real estate tax, gas tax, on and on and on. the president raises the rates to 5%, most businesses work on 5% or 8%. how much more can they sustain? that reduces jobs, kills us. neil: that's your point; right, dave? >> exactly. you know, there's no 5% there. our goal is 2 #.5%, neil. our goal -- >> if we're lucky. neil: goal is 2.5% -- >> in a good economy. 2.5% net in a good economy in the business we do today. add 5% there -- >> you're done. >> 2.5%...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? >>> welcome back to fox 5 morning news. it is 6:24 now. wendy's or mcdonald's in which drive-through are you more likely to pull through. we'll have more on that in a minute. first, let's get a check on the markets with lauren simonetti with the business beat. >> good morning. >> let's talk about the markets before we get into this other thing. stocks actually rose on wednesday. >> yeah. we a say lot of volatility in the stock market because nobody was quite sure what would happen in the debates last night. we are all jittery about the job report we get for september. that comes tomorrow morning. in the end, as you can see, modest gains. the dow up 12 points. it actually crossed zero about 30 times during the
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? >>> welcome back to fox 5 morning news. it is 6:24 now. wendy's or mcdonald's in which drive-through are you more likely to pull through. we'll have more...
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yeah yeah i think he he was he was certainly enlarging the truth on his tax plans and on what he was saying about obamacare medicare he has got some explaining to do over the coming days and weeks because he this is one of the problems with romney that he does play fast and loose with the facts sometimes and it's got him in trouble before i think the question is how hard you are on him on these you know how how serious those mistakes are and whether you concentrate more on the style of barmah because that's what he's now got to make up rather than getting too wonky again to sort of pointy headed and academic but term sure there's got to be there's going to be some explaining and also you know the the big difference in. their present facts is that a farmer is still trying to help the less well off and romney is trying to help the better better off that fact needs to be delineated i don't know whether you would agree with that maybe used you all i don't run it as a weighted by romney's you know in his newfound affection for the no i think it's a very good point rachel do you want to ha
yeah yeah i think he he was he was certainly enlarging the truth on his tax plans and on what he was saying about obamacare medicare he has got some explaining to do over the coming days and weeks because he this is one of the problems with romney that he does play fast and loose with the facts sometimes and it's got him in trouble before i think the question is how hard you are on him on these you know how how serious those mistakes are and whether you concentrate more on the style of barmah...
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yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. >>> finally, a treat for those who spent the '90s glued to the soapy comings and goings of the residents of "melrose place" for seven seasons, the aaron spelling production held an audience ten million strong and despite so many seasons of the back stab and betrayals, the cast, more than happy to reunite and abc's amy robach was there. >> reporter: murder and mini skirts. cheating and cat did the fights, love, lust and revenge. >> i get what i want first. >> reporter: irresistible combination found at one famous address, "melrose place" and last month the cast was reunite ford an "enrtainment weekly" cover shoot. >> when i saw this show before i was it on, i just went, oh, my god that group looks so fun to be w i want toe on that show. a special cast. >> reporter: do you have a favorite line? >> they were all good. it was hard to desifr some of them. self-serving pat
yet that's exactly what mitt romney wants to do... ...to pay for a $250,000 tax break for multi-millionaires. if mitt romney wins, the middle class loses. priorities usa action is responsible for the content of this advertising. >>> finally, a treat for those who spent the '90s glued to the soapy comings and goings of the residents of "melrose place" for seven seasons, the aaron spelling production held an audience ten million strong and despite so many seasons of the back...
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policy center explain that look these tax cuts no i'm serious i mean i didn't understand anybody had just me and i wasn't paying twenty percent go ahead well no no well i don't think he really understood the this is the thing or at least he hasn't shown that he does and this is what's confusing to a lot of people who are trying to understand all the bouncing ball and he's talking about basically a twenty percent federal task which he hopes to to make or says he will make revenue neutral by then closing some loopholes and deductions but the biggest deduction i can think of is is maybe mortgage credit and that sort of thing and i don't think you could ever come up with a number of mortgage credit actions that will make up for a twenty percent cut in revenue for the federal government so i think barack obama's trying to get at that equation you saying look the math doesn't work but the problem is that romney said it does you know read it talks about tax policy about like it was just like why don't you get this and the average person might be saying there is where mitt romney actually ha
policy center explain that look these tax cuts no i'm serious i mean i didn't understand anybody had just me and i wasn't paying twenty percent go ahead well no no well i don't think he really understood the this is the thing or at least he hasn't shown that he does and this is what's confusing to a lot of people who are trying to understand all the bouncing ball and he's talking about basically a twenty percent federal task which he hopes to to make or says he will make revenue neutral by then...
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narrator: this was dishonest: mitt romney: "i'm not in favor of a $5 trillion tax cut." romney's bng dishonest here too: romney tv ad: "according to an independent, non-partisan study, barack obama and the liberals will raistaxes on the middle class..." narrator: the chairman of that so-called independent group is from romney's former company. dick cheney's on its board. newt gingrich was there too. independent. it's just not true. alexis douglas: i can rememberwhwhen i was youer and... my family was not necessarily financially stable. we were poor. anncr: then alexis got a job at the mgm casino in michigan. and it changed her l life. alexis: i started as a wardrobe clerk. but then i was able to work my way up. i got a 401k, i have health insurance... and i make great money. anncr: in maryland, question seven will create... twelve thousand jobs. from hotel and restaurant staff to accountants... and construction workers. alexis: if you want a great place to work with good pay... and great benefits, vote for question seven. ♪ ♪ ♪ ♪ ♪ ♪ [ male announcer ] combin
narrator: this was dishonest: mitt romney: "i'm not in favor of a $5 trillion tax cut." romney's bng dishonest here too: romney tv ad: "according to an independent, non-partisan study, barack obama and the liberals will raistaxes on the middle class..." narrator: the chairman of that so-called independent group is from romney's former company. dick cheney's on its board. newt gingrich was there too. independent. it's just not true. alexis douglas: i can rememberwhwhen i was...
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vo: why won't romney level with us about his tax plan, which gives the wealth y huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> san francisco is considering allowing apartments around the same size as the when you see here, 150 square feet. cities like new yorker allowing the michael apartments that are of a parkinge space. >> imagine that tiny package a stand-alone house? greta kreuz introduces us to one 150 square foot home. >> you are in the great room. this is the living room. >> welcome to her tiny house. the main floor with the seating area, kitchen and bathroom. upstairs in the loft, an air mattress. thes a rebellion against mcmansions. >> not every kid needs his own play room. it is going back where you had with people. she built it for her master's .hesis is part of the online public university system. great to be able to see has done and how applied her degree program. >> the tiny, movement has grown and it is green. it
vo: why won't romney level with us about his tax plan, which gives the wealth y huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay for it. if we can't trust him here... how could we ever trust him here? >> san francisco is considering allowing apartments around the same size as the when you see here, 150 square feet. cities like new yorker allowing the michael apartments that are of a parkinge space. >>...
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four years, how in lord's name can they justify raising their taxes with these tax cuts. look, folks, we've seen this movie before. >> so the romney camp jumps all over that. a spokeswoman says she couldn't agree more. she said the middle class has been buried under president obama's policies. >>> new at 11:00, a vicious game caught beating on camera and the man believed to have orchestrated the whole thing is facing up to 25 years in prison following a guilty verdict. today our ken molestina was in that courtroom. he's got the disturbing images. >> reporter: montgomery county prosecutor say you're looking at a gang beating in action. it happened in the 18,000 block of cottage garden drive in germantown in april. the dispute was reportedly over a girl. the teen victim was supposed to be settling the beef with another teen. instead, prosecutors say it became something much worse, thanks to this man, 22-year-old powell. >> the police stated that he's a known member, if not leader of the crips gang. >> reporter: investigators say powell used his role as a boss with the stree
four years, how in lord's name can they justify raising their taxes with these tax cuts. look, folks, we've seen this movie before. >> so the romney camp jumps all over that. a spokeswoman says she couldn't agree more. she said the middle class has been buried under president obama's policies. >>> new at 11:00, a vicious game caught beating on camera and the man believed to have orchestrated the whole thing is facing up to 25 years in prison following a guilty verdict. today our...
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities?
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities?
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listen to this. >> governor romney and i both agree our cooperate tax rate is too high. we both agree we've got to boost american energy production and it appears we've got some agreement that a marketplace to work has to have some regulation. i suspect that on social security we've got a somewhat similar position. >> you understand what he was trying do there? >> yeah, i do. >> i got a bit confused. >> i think you're right, wolf. and i think that is a disastrous approach. the truth of the matter is mitt romney right now is the head of a right-wing extremist party called the republican party. it wasn't always the case. that's what they are today. if the president cannot differentiate himself clearly from right-wing extremism, we've got a lot of problems as a nation and he's got problems as a candidate running for re-election. in terms of social security, it is absurd for the president to say that he and romney are coming down in the same way. social security today has a $2.7 trillion surplus. social security hasn't contributed one nickel to the deficit, can pay out benef
listen to this. >> governor romney and i both agree our cooperate tax rate is too high. we both agree we've got to boost american energy production and it appears we've got some agreement that a marketplace to work has to have some regulation. i suspect that on social security we've got a somewhat similar position. >> you understand what he was trying do there? >> yeah, i do. >> i got a bit confused. >> i think you're right, wolf. and i think that is a disastrous...
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vo: why won't t romney level with us abt his tax plan which gives the wealthyhuge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
vo: why won't t romney level with us abt his tax plan which gives the wealthyhuge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase the deficit to pay ior it. if we can't trt t him here... how could we ever trust him here?
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? [ mitt romney ] there are 47% of the people who will vote for the president no matter what... who are dependent upon government, who believe that they are victims, who believe that government has a responsibility to care for them, who believe that they are entitled to health care, to food, to housing, to you-name-it... and they will vote for this president no matter what... and so my job is not to worry about those people. i'll never convince them they should take personal responsibility and care for their lives. . >> >>> sounded like a gun shot when i heard it. >> just one? >> just one. >> ten years ago,. >> i'mers mohammad and malvo began a shooting spree that killed 10 people and injured others. >> we have
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it helps parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities? [ mitt romney ] there are 47% of the people who will vote for the president no matter what... who are dependent upon government, who believe that they are victims,...
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he said in fact that they do want to race taxes a trillion dollars. i want to create good jobs in america. reporter: now, the president is hammering mitt romney today on the 5 trillion-dollar tax increase. that was the same accusation that governor romney beat back several times in denver. last night, president obama's deputy campaign director, stephanie cutter, acknowledged that that tax cut would be nowhere near $5 trillion. she did go on to say that all of the loopholes that the governor would use to try to make that revenue neutral would not bring up the total amount, but it is important to note that she did say that tax and cuts would be hard. megyn: there is some troubling news from the unemployment department on jobs. applications rose to 360,000. that is up from last week. a second report shows planned layoff 4.9% in september. yesterday the commerce department said factory orders dropped 5.2% in august. still, just a short time ago, president obama said today's report shows that the economy is headed in the right direction. >> after losing ab
he said in fact that they do want to race taxes a trillion dollars. i want to create good jobs in america. reporter: now, the president is hammering mitt romney today on the 5 trillion-dollar tax increase. that was the same accusation that governor romney beat back several times in denver. last night, president obama's deputy campaign director, stephanie cutter, acknowledged that that tax cut would be nowhere near $5 trillion. she did go on to say that all of the loopholes that the governor...
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would you give up the mortgage tax deduction for a lower tax rate? log on to gerriwillis.com, vote on the right hand side of the screen and all share the results of the end of tonight's show. coming up later, you will not want to miss this. joins us with his preview of tonight's debate and there will be a huge windfall for the government but a hit to your pocketbook. find out how much more un nearly every other american will be paying uncle sam if we drive over the fiscal cliff in january. nearly 1 billion people around the world don't have enough food to survive. we can't let this happen. there is something we can do about it. please join christina aguilera and yum! brands in the movement to fight world hunger by supporting the united nations world food programme. for more information, go to fromhungertohope.com. your contribution will feed children and save lives. together, we can stop the dying and start the living. and together, we can move people from hunger to hope. and together, we can move people why they're always there to talk. i love you,
would you give up the mortgage tax deduction for a lower tax rate? log on to gerriwillis.com, vote on the right hand side of the screen and all share the results of the end of tonight's show. coming up later, you will not want to miss this. joins us with his preview of tonight's debate and there will be a huge windfall for the government but a hit to your pocketbook. find out how much more un nearly every other american will be paying uncle sam if we drive over the fiscal cliff in january....
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more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it hel parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities?
more huge tax breaks skewed to the wealthy. while cutting nearly eight hundred billion from medicaid... even though middle-class families rely on medicaid to help loved ones cover nursing-home care. and it hel parents support children with disabilities. if mitt romney really "cares," wouldn't we see it in his priorities?
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our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't agree with that more. and the deficit gets with bigger and the deficit gets bigger. >> raise taxes and-- >> we've got, okay, adam. can you break this? what do you think? which side are you on here, a fiscal cliff, how do we address this, higher taxes, lower taxes? >> we won't have a sequester for more than a few days. i can see it happening, but it won't last very long. what we have to have higher taxes. >> no, come on. >> and we know that, we will. >> all right i tell you what-- >> you know what, we'll have double dip recession. >> we may be going
our taxes are just too low. we need higher taxes on wealthier people. >> we need jobs. >> there's not going to be a shortage of capital, there's plenty of capital, it's just awash in capital and that's not the problem. >> our problem is not-- is not that taxes are too low, they're not. because if they were lower we'd get more jobs and more revenue, that's exactly what we need, ben, let me tell you something, you raise taxes we're going back-- >> absolutely. i couldn't...
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vo: why won't t romney level with us about his tax plan which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase e the deficit to pay for it. if we can't trust him here... how could we ever trust him here? let me tell you how i will create 12 million jobs when president obama couldn't. first my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower tes for the middle class and for small business creates seven million more. and expanding trade, cracking down on china and improving job training takes us to over 12 million new jobs. i'm mitt romney, and i approve this message. pamela howze: it just seems like such an... infringement on our lives. how dare they step into my life that way. it's none of their business. he's trying to restrict us again. he's taking us backwards. george allen is the last thing we need in washington. anncr: the democratic senatorial campaign committee is... responsible for the content of this advertising.
vo: why won't t romney level with us about his tax plan which gives the wealthy huge new tax breaks? because according to experts, he'd have to raise taxes on the middle class - or increase e the deficit to pay for it. if we can't trust him here... how could we ever trust him here? let me tell you how i will create 12 million jobs when president obama couldn't. first my energy independence policy means more than three million new jobs. many of them in manufacturing. my tax reform plan to lower...